A major contributor to the slowdown in U.S. labor productivity during the 1973–1995 period was

A. capital spending.
B. technological change.
C. labor force growth.
D. investment spending.

Answer: B

Economics

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The belief that higher taxes on the rich are justified because they have obtained a disproportionately large allotment of the services, infrastructure, and protections the government provides is called

A) utilitarianism. B) diminishing marginal utility. C) the benefits-received principle. D) transcendentalism.

Economics

Which of the following best illustrates a vertical merger

a. GM merges with Chrysler b. Nike merges with Kraft Foods c. Microsoft merges with Dell d. UPS merges with FedEx e. Apple merges with IBM

Economics